First ever Ferrari 250 GTO to race put up for sale; history of the vintage revealed

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ferrari 250 gto, vintage cars, vintage ferrari

The first ever Ferrari 250 GTO to race and the second to roll off the production line has been put up for sale with an expected price that will make the Ferrari the world’s most expensive car ever.

Put up on sale by Talacrest, the Ferrari 250 GTO #3387 has an impressive history having many awards and accolades to its name. The GTO has been around for over five decades and during these 50+ years, the car been half away around the world.

Looking at where it all started, the Ferrari 250 GTO #3387 was manufactured and rolled off the production line on 16th March, 1962. Its first assignment was to act as a testing Ferrari at Monza for Scuderia Ferrari. Subsequently in the same month, it was delivered to Luigi Chinetti Motors where as a NART entry it became the first 250 GTO to race, finished 2nd overall and 1st in class at the 1962 Sebring 12 hours driven by Phil Hill and Olivier Gendebien.

The GTO was then owned by Robert “Bob” Grossman of New York who promptly entered the car in the 1962 Le Mans 24 Hour race where it finished 6th overall and 1st place in the experimental 3000cc class. After that race, the GTO was entered in 8 another races while and after competing in the 1963 Sebring 12 hours sold the car to one of his co-drivers from the previous season – Mike Gammino.

Gammino raced the car with considerable success for the next 2 years and in it’s final in 1965 the car was raced by it’s previous owner Bob Grossman in the Nassau Tourist Trophy – where fittingly it won it’s class.

The car had completed it’s competition career with honour and was then owned by several collector owners based in the United States. One of whom was Stephen Griswold sensitively restored the car and used the quality of the restoration as a promotional showcase for his workshop’s restoration skills.

3387 then sold to Mark Defriece and then onto notable Ferrari collector Dr Ron Finger. Finger displayed the car at Ferrari meetings in the USA before he decided to sell to Bernie Carl from Washington in 1997.

For the past 19 years Carl has raced, shown and toured with the GTO – including all the recent 250 GTO tours. As such the car has had visibility with the collector Ferrari community throughout it’s life.

Coming out of long term ownership, the car is in perfect condition and ready for the next 250 GTO tour in 2017.

About 250 GTO models

Production relating to 250 GTO models consisted of:

1961 Prototypes = 2 made
1962–63 SI 250 GTO = 32 made
1962–63 330 GTO = 3 made with 4 litre engine
1963 250 GTO with LM Berlinetta style body = 1 made
1964 SII 250 GTO (outright new cars – not including the 4 S1 cars which were re-bodied) = 3 made

All of the cars still exist today apart from 1 of the prototypes which was dismantled in period.

Complete History – by Marcel Massini

Here’s the complete history of the $3387 as provided by Marcel Massini

March 1962 Used by the factory for the tests at Monza, driven by Lorenzo Bandini, using chalk marked test license plate “Prova MO-49”
March 16, 1962 Certificate of Origin issued
March 16, 1962 Sold to Luigi Chinetti Motors in New York, NY/USA
Registered on New York license plates “28-790”
March 24, 1962 Raced at the 11th Annual Florida Grand Prix of Endurance, Sebring 12 hours at Hendrick’s Field by Phil Hill and co-driver Olivier Gendebien, placed 2nd OA and 1st in class, race #24
Then Car returned to the factory for overhaul and preparation for Le Mans, a full width bolted rear spoiler was installed, fuel filler neck exited through the left corner of the rear screen with a plastic decal over the boot lid corner opening
June 1962 Sold by Chinetti Motors to Robert M. Grossman, resident in Nyack, NY/USA
June 23-24, 1962 Raced at the 30th Annual Le Mans 24 hours by Bob Grossman and co-driver George “Fireball” Roberts, Jr., placed 6th OA and 3rd in class, race #17, entered by Luigi Chinetti’s NART (North American Racing Team)
Then Car repainted red and fitted with a blue and white longitudinal racing stripe
September 16, 1962 Raced at the 400 km FIA race held at Bridgehampton, NY/USA, by Bob Grossman, placed 2nd OA and 1st in class, race #17
September 22, 1962 Raced at GT race in Watkins Glen, NY/USA, by Bob Grossmann, placed 7th OA and 3rd in class, race #17
December 2, 1962 Raced at the 9th Annual International Bahamas Speed Week, 5-lap Tourist Trophy over 2 liters in Nassau by Bob Grossman, placed 4th OA and 4th in class, race #99
December 2, 1962 Raced at the 9th Annual International Bahamas Speed Week, 25-lap Tourist Trophy in Nassau by Bob Grossman, placed 4th OA and 4th in class, race #99
December 7, 1962 Raced at the 9th Annual International Bahamas Speed Week, 5-lap Governor’s Trophy over 2 liters heat, Nassau, by Bob Grossman, placed 7th AO and 2nd in class, race #99
December 7, 1962 Raced at the 9th Annual International Bahamas Speed Week, 17-lap Governor’s Trophy in Nassau by Mike Gammino III, DNF, race 399
December 8, 1962 Raced at the 9th Annual International Bahamas Speed Week, in the 5-lap Texas Classic race at Nassau by Bob Grossmann, placed 2nd OA, race #99
December 9, 1962 Raced at the 9th Annual International Bahamas Speed Week, Nassau Trophy, by Bob Grossmann and co-driver Mike Gammino III, placed 6th OA and 2nd in class, race #99
March 23, 1963 Raced at the 12th Annual Sebring 12 hours, Florida International Grand Prix of Endurance, held at Hendricks Field, by Bob Grossman and co-drivers Charlie Hayes and Douglas Thiem, placed 18th OA and 6th in class, race #24
1963 Sold by Grossman to Geraldi and Mike Gammino III, resident in Providence, RI/USA
May 25, 1963 Raced at Pensacola, FL, heat 1, by Mike Gammino, placed 2nd OA and 2nd in class, race #23
June 30, 1963 Raced at Watkins Glen, NY, by Mike Gammino, placed 4th OA, race #23
July 21, 1963 Raced at the Pacific Raceway, event 1, by Mike Gammino, placed 4th OA
July 21, 1963 Raced at the Pacific Raceway, event 2, by Mike Gammino, placed 11th OA
September 14, 1963 Entered for the 500 km FIA race at Bridgehampton (Double 500), to be driven by Mike Gammino, but DNS on race #50
September 22, 1963 Raced at the USRRC race in Mid-Ohio by Mike Gammino, placed 8th OA
September 28, 1963 Raced at the Canadian Grand Prix GT race in Mosport by Mike Gammino, placed 11th OA, race #23
December 1, 1963 Raced in the 10th Annual International Bahamas Speed Week, 5- lap GT over 2-liters race, Nassau, by Mike Gammino, placed 4th OA and 1st in class, race #23
December 1, 1963 Raced in the 10th Annual International Bahamas Speed Week, 22- lap Tourist Trophy, Nassau, by Mike Gammino, placed 2nd OA and 1st in class, race #23
December 8, 1963 Raced in the 10th Annual International Bahamas Speed Week, Nassau Trophy race, by Mike Gammino, placed 6th OA and 1st in class, race #23
February 16, 1964 Entered for the Daytona Continental 2000 kms (12 hour race) to be raced by Mike Gammino on race #37 but DNS due to an accident in practice.
According to a report in the Daytona Beach Morning Journal Gammino had “spun out before reaching the infield and hit the track retaining wall near the West Turn. The Ferrari wound up with a broken gasoline tank and shattered windshield.”
Then The car was shipped back to Carrozzeria Scaglietti in Modena where it was repaired. Scaglietti then returned the repaired car to Gammino in USA.
June 28, 1964 Raced at Watkins Glen, NY, by Mike Gammino, DNF, race #23
July 25, 1964 Raced at the SCCA event in Lime Rock Park, NY, by Mike Gammino, placed 1st OA and 1st in class, race #23
August 2, 1964 Raced at the SCCA race at Thompson raceway by Mike Gammino, placed 1st OA and 1st in class, race #23
August 16, 1964 Raced at the SCCA race at Thompson raceway by Mike Gammino, placed 1st in class
September 7, 1964 Raced at the SCCA race at Thompson raceway by Mike Gammino, placed 4th OA and 2nd in class, race #23
November 28, 1965 Raced in the 12th Annual International Bahamas Speed Week, 25-lap Tourist Trophy at Nassau by Bob Grossmann, placed 10th OA, race #96
1968 Sold to Bernard Stayman, resident in Dayton, OH/USA, price paid was US$ 2’500
February 1969 Sold by Stayman to Kirk F. White, Paoli, PA/USA, price paid was US$ 5’400
1969 Sold by White to Kit Wilkes, USA, who paid US$ 11’000
1975 Sold to Stephen Griswold, of Berkeley (San Francisco), CA/USA, price paid was US$ 13’000
1976/77 Car completely restored by Stephen Griswold, one fender top and left wing was replaced, the right wing was repaired, car was repainted red, no stripe added
September 1978 Sold by Griswold to Mark De Friece, resident in Bay Ridge (Annapolis), MD/USA, who paid US$ 125’000
Then Sold by De Friece through Maryland-based car broker Gordon Tatum to Dr. Ron Finger, resident in Savannah, GA/USA
June 21-24, 1984 Shown by Finger during the 21st Annual Ferrari Club of America National Meeting held at Stouffer’s Pine Isle Resort, Lake Lanier Island, and Road Atlanta racetrack, in Atlanta, GA/USA, entry #3
September 1997 Sold by Finger to Bernard J. Carl, resident in Washington D.C., USA, repainted NART blue metallic and fitted with white stripe Registered on Washington license plates “250 GTO”
July 23, 1998 Shown by Carl during Brandon Wang’s Ferrari 250 GTO Garden Party in the UK
April 19-24, 1999 Driven in the Tour Auto by Bernie Carl and co-driver Thomas Prousalis on race #194
July 30-August 1, 1999 Shown during the Coys International Historic Race Festival at Silverstone by Gregor Fisken, race #156
September 17-19, 1999 Driven during the Goodwood Revival in England by Emmanuele Pirro and Harley Cluxton III, race#32
April 10-15, 2000 Driven in the Tour Auto by Bernie Carl and co-driver Thomas Prousalis on race #176
January 24, 2002 Driven in the XI Cavallino Classic Tour in Palm Beach, FL, by Bernie Carl
January 24/25, 2002 Driven at the XI Cavallino Classic Track Days held at Moroso Motorsports Park in Florida by Bernie Carl
January 26, 2002 Shown at the XI Palm Beach Cavallino Classic held at The Breakers in Palm Beach, FL/USA, by Bernie Carl, winner of the La Coppa GTO Trophy
January 26, 2002 Shown at the XI Palm Beach Cavallino Classic held at The Breakers in Palm Beach, FL/USA, by Bernie Carl, winner of a Silver Award, Class 16
March 10, 2002 Shown at the 7th Annual Amelia Island Concours d’Elégance held at the Ritz-Carlton in Amelia Island, FL, by Bernie Carl
June 28/29, 2002 Shown at the 15th Annual Louis Vuitton Automobiles Classiques Concours d’Elégance held at Parc de Bagatelle, Paris, by Bernie Carl, entry #90
September 9-13, 2002 Driven during the 40th Anniversary Ferrari 250 GTO Tour in France by Bernie Carl
Now registered on Washington license plates “BN 3833”
August 14-15, 2004 Driven during the 31st Annual Rolex Monterey Historic Automobile Races at Laguna Seca, CA/USA, by Harley Cluxton III, race #124
October 21-25, 2007 Driven in the 45th Anniversary Ferrari 250 GTO Tour in USA by Bernard Carl
August 21, 2011 Shown at the 61st Annual Pebble Beach Concours d’Elégance, Special Ferrari 250 GTO Class M-2, by Bernard Carl, maintained and prepared by Bruce Canepa
March 11, 2012 Shown at the 17th Annual Amelia Island Concours d’Elégance held at the Ritz-Carlton in Amelia Island, by Bernard Carl
July 3-7, 2012 Driven in the 50th Anniversary Ferrari 250 GTO Tour in France by Bernard Carl
Then Displayed at the Simeone Foundation Museum in Philadelphia, PA/USA
2016 Still owned by Carl
November 2016 For sale in England

© Marcel Massini 08/11/16

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